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Baseline Basic Template Algorithm

Hi all!

I've run the Basic Template Algorithm with a machine learning strategy. When running the CreateLeanReport, the results reflected a cumalative return from the strategy and a benchmark. See:

https://github.com/fgbschut/qc_img/blob/master/Cumulative_returns_strategy.png

 

Now my question is what the benchmark represents? I did not set a benchmark myself.

Hope you can help me out? Thanks!

 

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Hi Fabian,

Currently, the default benchmark is set at a 2% fixed annual return. That's what the straight gray line represents.

Just FYI, we have decided to revert benchmark from 2% fixed return to S&P 500. Please subscribe to this Github issue for the latest update.

Xin

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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.


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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.


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